According to @ai_9684xtpa, an Ethereum ICO-era whale with a cost basis near 0.31 USD has steadily distributed ETH in 2025, selling 30,300 ETH for 99.36 million USD at an average execution price of 3,279 while still holding 97,750 ETH valued around 391 million USD on-chain, source: @ai_9684xtpa; Arkham Intelligence. Arkham Intelligence entity data referenced by @ai_9684xtpa shows the wallet sold during both 1,400 and 4,000 price regimes this year, indicating persistent supply regardless of volatility, source: @ai_9684xtpa; Arkham Intelligence. For traders, the remaining 97,750 ETH inventory and realized average sell price near 3,279 imply potential overhead supply in the 3,200 to 3,300 zone on rallies, making continued monitoring of on-chain flows prudent, source: @ai_9684xtpa; Arkham Intelligence.